SFVBJ CURRENT EDITION

Rebrand on Air

MEDIA: Burbank broadcaster Estrella Media takes new direction after emerging from Chapter 11.LBI Media Inc. changes its logo and name to Estrella Media Inc.

Where Is Workforce for Olympics?

The San Fernando Valley specifically will be faced with a daunting challenge leading up to and through the 2028 Olympics: building a massive workforce of employees and volunteers.

Tech Expedites Non-Traditional Home Sales

REAL ESTATE: Entrepreneurs disrupt brokerage business.

How proptech is changing the way people buy a new home.

Vehicle Storage With Clubhouse

AUTOMOTIVE: Moorpark facility designed for collectors.

Barret Automotive Group rents space to collectors of vintage cars.

VALLEY INSIDER

SHE’s Going Public

Lupe Rose readies her SHE Beverage Co. to go public.

CBD-Infused Pillow For a Good Sleep

Camarillo manufacturer debuts all-night pain relief product for $129.

Camarillo manufacturer debuts pillow infused with CBD as an all-night pain reliever.

‘Shark Tank’ Stint Gives Fresh Capital

Mark Cuban invests in Encino company Ready, Set, Food.

Mark Cuban of ‘Shark Tank’ puts money into Encino food allergy prevention company, Ready, Set, Food.

The Valley’s Future Economic Hub

If you read the previous issue of the Business Journal, you may have seen the Valley Economic Forecast section in which economists forecast 3.4 percent GDP growth this year in the Los Angeles portion of the San Fernando Valley – faster than about any other region in the state not named Silicon Valley.

Diversification Working for B. Riley Financial

FINANCE: Company’s four operating divisions collaborate on deals.

B. Riley Financial Inc. firing on all cylinders as it pushes subsidiaries to create wealth for shareholders.

Industrial Hemp on Hold in Ventura County

REGULATION: Newly legalized crop banned in Moorpark, Thousand Oaks.

Ventura County cities pass ordinances to ban production of industrial hemp within their borders.

Around the Valleys

Around the Valleys

Amgen’s Call Sparks Buyout Talk

Biotech giant seeks to boost nephrology research.

Stock for a drug discovery company out of Plano, Texas soared following analyst talk that it might be the right fit for Thousand Oaks biotech giant Amgen Inc.

City OKs Remake of Former Sunkist HQ

Offices to remain, flanked by two new buildings.

Developer IMT Capital’s mixed-use re-imagining of the former Sunkist Growers headquarters in Sherman Oaks has secured approval from L.A. City Council’s Planning and Land Use Management Committee.

NAI Capital Brokerage in Chapter 11

Reorganization to grow company for next 40 years

NAI Capital has filed for Chapter 11 in a move to reorganize the company.

Cedars-Sinai Opens Offices in Tarzana

Presence near hospital further expands Valley reach.

Cedars-Sinai on Jan. 29 opened its flagship medical offices in the San Fernando Valley

Warner Bros. Signs Roth to Extension

Studio head takes leadership of television group.

Peter Roth, the long-time head of television production at Warner Bros. Entertainment in Burbank, signed a contract extension early this month that makes him the first-ever chairman of the Warner Bros. Television Group.

Lancaster to Host Mental Health Clinic

Antelope Valley will be home to an urgent care center.

An urgent care center specializing in mental health will open later this year in Lancaster.

Home Feel at Total Senior

Resource center connects the elderly to services.

Total Senior, a community-based resource center that connects seniors and their families to needed services, opened last month in Tarzana

TV Academy Inducts Iger into Hall of Fame

Chief executive joins four Disney/ABC executives.

Robert Iger, chief executive at Burbank-based Walt Disney Co., was inducted last month into the Television Academy Hall of Fame.

Kuehl Wants County to Get Creative

Study to look at job development in industry.

With Los Angeles County the largest hub in the country for film and television production, it is not unusual that the county supervisors would target the entertainment industry to create jobs and foster trade.

Mamba Fund For Victims After Crash

Sports Academy, widow of Kobe Bryant establish charity.

Mamba Sports Academy and Vanessa Bryant have formed Mamba on Three, a charity for the families of the victims of last month’s tragic helicopter crash in Calabasas that killed nine people, including NBA legend Kobe Bryant and his 13-year-old daughter Gianna Bryant.

Boy Scouts’ Board Looks for Diversity

West L.A. Council wants directors to reflect market.

The Boy Scouts of America look to diversify its local governance board and raise presence in greater Valley region.

Hospital Gives to Nonprofits

Grants support ‘continuum of care’ at Valley organizations

Northridge Hospital Medical Center has awarded grants to three Valley nonprofits

Emerging Practices

Valley CPAs find new business catering to clients in the cannabis, virtual currency and streaming entertainment sectors.

Valley CPAs find new business catering to clients in the cannabis, virtual currency and streaming entertainment sectors.

Pot’s Special Problems

Cash and taxes complicate financial services for the sector.

With heavy cash flows and strict, complicated tax structures, cannabis businesses are in dire need of specialized accounting services. But the instability that comes along with marijuana’s classification as a federally illegal Schedule 1 drug has led many CPAs to turn their backs on the industry despite high demand.

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